ECONOMIC DIVERSIFICATION AS A TOOL FOR POVERTY REDUCTION
Keywords:
Key words: economic diversification, poverty reduction, economic growth, employment, industrial development, service sector, export diversification, innovation, sustainable development, digital economy.Abstract
Annotation. This article examines the role of economic diversification in
reducing poverty and ensuring sustainable economic development. The study analyzes
how diversification of economic sectors contributes to employment growth, income
stability, investment expansion, and social welfare improvement. Particular attention
is paid to industrial diversification, service sector development, digital economy,
innovation, and export diversification. The article also evaluates statistical
relationships between diversified economic structures and poverty reduction indicators
in developing countries.
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